{"id":11593,"date":"2019-07-18T20:42:13","date_gmt":"2019-07-18T20:42:13","guid":{"rendered":"https:\/\/www.itwriting.com\/blog\/?p=11593"},"modified":"2019-07-18T20:42:13","modified_gmt":"2019-07-18T20:42:13","slug":"microsoft-earnings-strong-quarter-but-xbox-revenue-dives","status":"publish","type":"post","link":"https:\/\/www.itwriting.com\/blog\/11593-microsoft-earnings-strong-quarter-but-xbox-revenue-dives.html","title":{"rendered":"Microsoft earnings: strong quarter, but Xbox revenue dives"},"content":{"rendered":"<p>Microsoft has announced its quarterly financial statements, reporting revenue of $33.7 billion, up 12% on the same period last year. <\/p>\n<p>The company stated that Azure revenue is up 64% year on year. Azure has overtaken the other two segments and is now the biggest, by a small amount. In addition, Azure gross margin has improved by 6% year on year.<\/p>\n<p>Office 365 revenue is up 31% year on year.<\/p>\n<p>Gaming was a black spot, declining 10% year on year \u2013 though Xbox Live monthly active users is at a record 65 million. The main problem is a 48% decline in the volume of Xbox consoles sold.<\/p>\n<p><em>Quarter ending June 30th 2019 vs quarter ending June 30th 2018, $millions<\/em><\/p>\n<table width=\"276\" border=\"1\" cellspacing=\"1\" cellpadding=\"2\">\n<tbody>\n<tr>\n<td width=\"75\" valign=\"top\">Segment<\/td>\n<td width=\"53\" valign=\"top\">Revenue<\/td>\n<td width=\"50\" valign=\"top\">Change<\/td>\n<td width=\"49\" valign=\"top\">Operating income<\/td>\n<td width=\"72\" valign=\"top\">Change<\/td>\n<\/tr>\n<tr>\n<td width=\"75\" valign=\"top\">Productivity and Business Processes<\/td>\n<td width=\"53\" valign=\"top\">11047<\/td>\n<td width=\"50\" valign=\"top\"><span style=\"color: rgb(255, 0, 0);\"><span style=\"color: rgb(0, 0, 0);\"><font color=\"#000000\">+1379<\/font><\/span><\/span><\/td>\n<td width=\"49\" valign=\"top\">4344<\/td>\n<td width=\"72\" valign=\"top\"><span style=\"color: rgb(255, 0, 0);\"><span style=\"color: rgb(0, 0, 0);\"><font color=\"#000000\">+878<\/font><\/span><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"75\" valign=\"top\">Intelligent Cloud<\/td>\n<td width=\"53\" valign=\"top\">11391<\/td>\n<td width=\"50\" valign=\"top\">+1785<\/td>\n<td width=\"49\" valign=\"top\">4502<\/td>\n<td width=\"72\" valign=\"top\"><font color=\"#000000\">+601<\/font><\/td>\n<\/tr>\n<tr>\n<td width=\"75\" valign=\"top\">More Personal Computing<\/td>\n<td width=\"53\" valign=\"top\">11279<\/td>\n<td width=\"50\" valign=\"top\"><font color=\"#000000\">+468<\/font><\/td>\n<td width=\"49\" valign=\"top\"><span style=\"color: rgb(255, 0, 0);\"><font color=\"#000000\">3559<\/font><\/span><\/td>\n<td width=\"72\" valign=\"top\"><span style=\"color: rgb(255, 0, 0);\"><font color=\"#000000\">+547<\/font><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The segments break down as:<\/p>\n<p><strong>Productivity and Business Processes<\/strong>: Office, Office 365, Dynamics 365 and on-premises Dynamics, LinkedIn<\/p>\n<p><strong>Intelligent Cloud<\/strong>: Server products, Azure cloud services<\/p>\n<p><strong>More Personal Computing<\/strong>: Consumer including Windows, Xbox; Bing search; Surface hardware<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft has announced its quarterly financial statements, reporting revenue of $33.7 billion, up 12% on the same period last year. The company stated that Azure revenue is up 64% year on year. Azure has overtaken the other two segments and is now the biggest, by a small amount. In addition, Azure gross margin has improved &hellip; <a href=\"https:\/\/www.itwriting.com\/blog\/11593-microsoft-earnings-strong-quarter-but-xbox-revenue-dives.html\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Microsoft earnings: strong quarter, but Xbox revenue dives<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,55,61,1519],"tags":[185,586,666],"class_list":["post-11593","post","type-post","status-publish","format-standard","hentry","category-cloud-computing","category-microsoft","category-office-365","category-tech","tag-azure","tag-microsoft","tag-office-365"],"_links":{"self":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts\/11593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/comments?post=11593"}],"version-history":[{"count":1,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts\/11593\/revisions"}],"predecessor-version":[{"id":11594,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts\/11593\/revisions\/11594"}],"wp:attachment":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/media?parent=11593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/categories?post=11593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/tags?post=11593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}